New Castle is a affluent city in Delaware with a median income of $56,902 per household. The population is also considered much younger than most with a median age of 44 years. It should be noted that at 60.9%, most people own their homes in New Castle. Heading the list of top schools in the city is Multiple Alternative Program.

Sales in the New Castle market fell to five homes sold over the last 30 days, while the number of sellers reducing their list prices reached 10, which continues an emerging upward trend in price reductions. The median sales price jumped to $278,000, up from last week's $194,450. New Castle is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.

New listings have increased in the New Castle market, reaching a high that hasn't been seen since May. There were also eight homes sold over the last 30 days. In comparison, Wilmington had 115 new listings in the same time frame, the most of all nearby municipalities. The median sales price rose to $194,450 over the latest reporting period for New Castle, up from $167,000.

The New Castle market broke below its 12-month average sales volume this week as sales slid 37.5% to hit five homes sold over the last 30 days. Meanwhile, close-by Wilmington reported 59 homes sales, the highest number from all the surrounding cities. Prices are rising in New Castle, and the median sales price this period increased from $177,000 to $199,000. Along with the slip in sales, a relatively high eight months of inventory indicates that New Castle is a strong buyer's market.

The number of homes coming into the New Castle market spiked to 11 listings over the last 30 days, while sales remained right where they were as once again eight homes were sold over the same period. The median sales price rose dramatically to $177,000, up from last week's $145,000.

The New Castle market looked solid this week as sales rose 16.7% to reach seven homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Wilmington had 52 sales, the most of all cities in the area. The median sales price dropped to $155,000, down from last week's $185,135.

Sales in the New Castle market fell to six homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with seven price reductions in the same time frame. Prices are falling in New Castle, and this period the median price of all sales fell from $215,270 to $185,135.

New Castle is a larger than average city in Delaware with 5,285 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 3.4%. The New Castle market mostly consists of detached houses, accounting for 55% of the current homes in the area. Heading the list of top schools in the city is Multiple Alternative Program.

Over the last 30 days, a determined downward trend of new sellers coming into the New Castle market continued, with five listings in this week's report. Meanwhile, sales fell, with seven homes selling during the same period. The median sales price dropped to $215,270, down from last week's $235,750.

Fewer sellers put their homes up for sale in the New Castle market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again eight homes were sold. The median sales price in New Castle stayed put this week at $235,750.

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